Etruscus Resources Corp
Etruscus Resources Corp., a mineral exploration company, engages in the acquisition and development of precious and base metal mineral properties in Canada. The company explores for gold, silver, zinc, lead, and copper deposits. Its flagship project is the 100% owned Rock & Roll property that comprises 58 contiguous mineral claims covering an area of approximately 29,344 hectares located in Laird… Read more
Etruscus Resources Corp (ETRUF) - Net Assets
Latest net assets as of December 2025: $4.80 Million USD
Based on the latest financial reports, Etruscus Resources Corp (ETRUF) has net assets worth $4.80 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.99 Million) and total liabilities ($189.53K). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.80 Million |
| % of Total Assets | 96.2% |
| Annual Growth Rate | 38.23% |
| 5-Year Change | 49.83% |
| 10-Year Change | N/A |
| Growth Volatility | 79.53 |
Etruscus Resources Corp - Net Assets Trend (2018–2025)
This chart illustrates how Etruscus Resources Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Etruscus Resources Corp (2018–2025)
The table below shows the annual net assets of Etruscus Resources Corp from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $4.57 Million | -11.55% |
| 2024-03-31 | $5.17 Million | +9.25% |
| 2023-03-31 | $4.73 Million | -5.44% |
| 2022-03-31 | $5.00 Million | +63.96% |
| 2021-03-31 | $3.05 Million | +81.91% |
| 2020-03-31 | $1.68 Million | +6.92% |
| 2019-03-31 | $1.57 Million | +231.05% |
| 2018-03-31 | $473.96K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Etruscus Resources Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 554284100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.38 Million | 205.17% |
| Other Comprehensive Income | $795.25K | 17.39% |
| Total Equity | $4.57 Million | 100.00% |
Etruscus Resources Corp Competitors by Market Cap
The table below lists competitors of Etruscus Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Searefico Corp
VN:SRF
|
$2.70 Million |
|
JUVA LIFE INC.
F:4VV
|
$2.70 Million |
|
Scandium International Mining Corp
PINK:SCYYF
|
$2.70 Million |
|
PT Mitra Pedagang Indonesia Tb
JK:MPIX
|
$2.70 Million |
|
INNELEC MULT.IMMINHEO153
F:1W2
|
$2.70 Million |
|
Compodium International AB
ST:COMPDM
|
$2.70 Million |
|
Ligand Pharmaceuticals Inc Tr Beta Contingent Value Rt
PINK:LGNZZ
|
$2.70 Million |
|
Nusa Palapa Gemilang PT Tbk
JK:NPGF
|
$2.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Etruscus Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,169,331 to 4,572,429, a change of -596,902 (-11.5%).
- Net loss of 1,802,906 reduced equity.
- New share issuances of 1,369,250 increased equity.
- Other comprehensive income increased equity by 17,138.
- Other factors decreased equity by 180,384.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.80 Million | -39.43% |
| Share Issuances | $1.37 Million | +29.95% |
| Other Comprehensive Income | $17.14K | +0.37% |
| Other Changes | $-180.38K | -3.95% |
| Total Change | $- | -11.55% |
Book Value vs Market Value Analysis
This analysis compares Etruscus Resources Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.54x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.91x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | $0.02 | $0.05 | x |
| 2019-03-31 | $0.08 | $0.05 | x |
| 2020-03-31 | $0.08 | $0.05 | x |
| 2021-03-31 | $0.12 | $0.05 | x |
| 2022-03-31 | $0.14 | $0.05 | x |
| 2023-03-31 | $0.13 | $0.05 | x |
| 2024-03-31 | $0.12 | $0.05 | x |
| 2025-03-31 | $0.09 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Etruscus Resources Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -39.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-39.43%) is below the historical average (-23.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -12.88% | 0.00% | 0.00x | 1.10x | $-108.43K |
| 2019 | -47.68% | 0.00% | 0.00x | 1.04x | $-904.99K |
| 2020 | -21.19% | 0.00% | 0.00x | 1.11x | $-523.28K |
| 2021 | -32.73% | 0.00% | 0.00x | 1.04x | $-1.30 Million |
| 2022 | -12.79% | 0.00% | 0.00x | 1.01x | $-1.14 Million |
| 2023 | -9.63% | 0.00% | 0.00x | 1.05x | $-928.78K |
| 2024 | -10.48% | 0.00% | 0.00x | 1.04x | $-1.06 Million |
| 2025 | -39.43% | 0.00% | 0.00x | 1.07x | $-2.26 Million |
Industry Comparison
This section compares Etruscus Resources Corp's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Etruscus Resources Corp (ETRUF) | $4.80 Million | -12.88% | 0.04x | $2.70 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |